[00:09] Shot of a room. Camera is resting on a table facing a door. A cellphone is visible
[00:16] Buzzing of a phone can be heard
[00:25] Jay grabs the phone and answers it
[00:32] Jay: "Hey. Okay, yeah, I'll be out there in a minute."
[00:40] Jay picks up the camera and heads to the door
[00:47] Jay opens the door and head sout into the hotel hallway
[00:58] Cut to riding in a car. It is lightly raining
[01:10] Shot of Alex's face. Alex is driving, and Jay is filming from the passenger's seat
[01:16] Cut back to the windshield
[01:28] Jay: "How much further is it to the house?"
[01:32] Alex: "About five minutes."
[01:35] Cut to Alex pulling up to a yellow house
[01:39] Jay: "Is this it?"
[01:40] Alex: "Yeah."
[01:43] Alex turns the car off and gets out
[01:45] Alex: "That window up there is the one we jumped out of."
[01:47] Jay zooms in on the second floor window
[01:49] Jay: "Um, where'd you go after that?"
[01:53] Alex: "I don't know. The next thing I know I was waking up in my apartment with the camera."
[01:59] Jay: "Pshhhhhh"
[02:03] Jay: "Is anyone home? Can you tell?"
[02:05] Alex: "I don't think so. I don't see her roommate's car."
[02:08] Jay: "Whose car is that up there?"
[02:11] Alex: "It's a divided house, so these car belong to her neighbors. They live on the right side there."
[02:17] Jay: "Oh, okay. And Amy lives on the left."
[02:19] Alex: "Yep."
[02:20] Jay: "Okay. Well, I mean, why don't we just go knock on the door? Can't hurt, we're here."
[02:29] Alex gets out of the car
[02:33] Alex shuts the car door. The sound of the car door is heavily distorted
[02:38] Jay stays in the car. Alex walks up to the front door of the house
[02:48] Alex knocks on the door, looks back at Jay, and waits on the porch
[03:09] Alex walks back to the car, and calls someone on his cellphone
[03:20] Alex sits down in the car
[03:22] Jay: "Who are you calling?"
[03:23] Alex: "Roommate."
[03:23] Alex shuts the car door. The sound of the car door is heavily distorted
[03:29] Jay moves the camera back to focus on the second floor window of the house and zooms in. A crow is circling in the distance
[03:35] Alex: "Hey Jessica, it's Alex. Uh, I was just calling to see if you had heard from Amy recently. Uh, just give me a call back whenever you get a chance. Thanks."
[03:48] Alex hangs up and starts the car.
[03:58] Cut to a shot of driving
[04:05] Jay: "So where are we going now?"
[04:07] Alex: "We're going to take you back to the hotel, then I'm heading back to my place."
[04:11] Jay: "Want me to follow you?"
[04:13] Alex: "No. I think it's best if you don't know where I live right now."
[04:20] Jay: "Why?"
[04:25] Alex: "Alright, whatever."
[04:32] Cut to black
[04:36] Cut to Alex standing in a forest. He is looking around, the camera is placed on his car filming him
[04:49] Alex picks up the camera and straps it to his chest
[05:02] Alex starts walking down a road with trees to his left
[05:11] Alex pans across the forest, then starts walking toward an ivy-covered alcove. He looks around several times.
[05:47] Bright colorful visual distortion can be seen, quickly transitioning the image to black
[05:49] Alex is further along his walk toward the alcove. He comes up to an opening, leans down, and walks through to the other side
[06:07] The forest here is composed of tall thin trees
[06:09] Alex walks through the trees, looking around.
[06:22] Visual tear at the bottom of the screen
[06:23] Alex quickly pans the camera over to the Operator. Heavy audio distortion can be heard, and colorful visual distortion can be seen during the pan
[06:24] The Operator is standing in the woods, directly in front of Alex.
[06:25] The screen flicks, and deep audio distortion takes over
[06:26] Alex starts coughing, and drops to his hands and knees on the forest floor
[06:30] Alex falls down, his hands outstretched
[06:35] The screen changes to bright colors over a black backdrop
[06:37] Alex's hands begin twitching
[06:40] Screen flicks to black several times. The deep noise cuts out, and a strange high pitched sound can be heard
[06:42] The deep noise starts up again, and Alex gets back on his feet
[06:47] As Alex stands, gray distortion is overlaid over the footage
[06:50] Alex turns the camera toward the Operator
[06:53] A whisper sound can be heard through the deep distortion. The picture begins to heavily distort. Alex walks toward the Operator.
[06:56] The footage color inverts and cuts to black and white, so that the Operator is a headless white suit standing among white foliage
[06:58] A high pitch distortion cuts in as Alex gets closer
[06:59] Image cuts to black

Main Theories and Observations

(pending)

Further Speculation

Does anyone else notice that the room mate's name is Jessica? This is also the name of the girl Jay meets in the hotel. Didn't she say she was kicked out, but doesn't want to talk about it? ~Jaemi

To Jaemi: That was most likely her lie to cover up the fact that she didn't remember how she got there. Perhaps she did get kicked out, and that was the last thing she remembered, but her saying she didn't want to talk about it does suggest that it was a quick lie and she wasn't prepared to think of anything to back it up.

Based on the behavior in this entry as well as entries with Tim, one theory could be that both Alex and Tim succumb to a coughing fit when near The Operator, and when the fit is finished, they, "wake up" as another person, in a trance-like state, being, "operated" by The Operator, carrying different memories. When they are not near it, they are themselves, with their normal memories, and do not remember the memories created when with The Operator. This can be seen with Tim as he doesn't remember performing any actions as Masky.

Some sort of 'Facial Features' can be very clearly seen at around 6:53
See http://imgur.com/5gg6B
( I hope the link works! ) ~ og1674